Fukushima Mon Amour

By davidpetraitis, on May 24th, 2012

Fukushima is still in the news. Reuters reports today that the initial estimates of the amount of radiation released are now known to have been 2 and a half times too low. Tepco will be nationalized due to the exceptionally large losses after the accident. Reuters also reports what we first surmised the clean up will probably take 30 years. In the meantime the site remains unprotected and exposed to any major earthquake, and the USGS reported a 6.4 off of Miyako on May 20th.

The risks are not going away soon, even if the perception in the press is minimal.